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Analysis
GBP/USD Faces Downward Pressure Amid US Dollar Strength
GBP/USD pair is down to 1.2892 on Thursday. Selling intensified on the 18th of July. Since then, GBP has remained under pressure, although it is making attempts to stabilise.
RoboForex
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288 days ago
EBC Daily Snapshot Jul 25, 2024
The yen reached a 2.5-month high on Thursday, with the dollar, euro, and sterling falling over 1% ahead of next week's BOJ meeting.
EBC Financial Group
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288 days ago
Stock routs undermine the image of Ethereum ETF launch
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Stock routs undermine the image of Ethereum ETF launch
FxPro
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288 days ago
Stock market correction picks up speed
Fed expectations and US election affect sentiment. Euro remains on the back foot against the dollar. PBoC announces a surprise rate cut. Gold suffers, aussie and kiwi losses pile up
XM Group
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288 days ago
EBC Markets Briefing | Nasdaq100 saw its worst day since 2022
Stocks fell globally on Wednesday on disappointing Tesla and European luxury earnings, while oil prices struggled amid weak demand concerns.
EBC Financial Group
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289 days ago
Volatility in the JPY and USD/JPY
Recently, we've seen some significant changes in the Japanese yen (JPY), as it continues to strengthen against the US dollar (USD).
ACY Securities
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289 days ago
Yen Strengthens Amid BoJ Pressure and Emerging Market Currency Challenges
During the Asian trading session, the yen has strengthened, pushing the USD/JPY exchange rate down to 155.76 from a high of 157.87. This change is largely due to recent comments from Japanese politicians urging the Bank of Japan (BoJ) to adopt a tighter monetary policy ahead of its meeting on July 31st.
ACY Securities
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289 days ago
Dollar Plummets against Yen as BOJ Rate Hike Bets Rise
The US Dollar plummeted against the Japanese Yen to 155.60 from 157.37. Rising expectations of a BOJ rate hike at their policy meeting next week weighed on the Greenback.
ACY Securities
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289 days ago
Forex Market Report - 25th July 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
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289 days ago
Wall Street Dip on AI Jitters
The U.S. equity market experienced one of its worst trading days this year, with the Nasdaq leading the decline, plunging more than 700 points in the last session. Investor concerns over the AI sector surged following Tesla's earnings miss and Google's higher-than-expected spending, both of which saw sharp declines.
PU Prime
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289 days ago
Daily Global Market Update
EUR/USD steady, Stochastic bearish. USD/JPY plunges 1.2%, MACD negative. Gold dips 0.4%, RSI bearish. Volkswagen shares fall 1.1%, Ultimate Oscillator negative. Dollar weakens against yen, NASDAQ drops on tech earnings. Gold gains slightly on dollar weakness. Today's focus: Japan CPI, US GDP, Eurogroup meetings, US durable goods orders, Germany Ifo.
Moneta Markets
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289 days ago
EBC Markets Briefing | Oil prices rebound as wildfires rage in Canada
Oil prices surged on Wednesday after dropping 2% to a six-week low due to hopes for a Gaza ceasefire and concerns about China's demand.
EBC Financial Group
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289 days ago
EBC Daily Snapshot Jul 24, 2024
The US dollar rose on Wednesday as traders awaited inflation data. June home sales fell more than expected, and median prices hit a record high.
EBC Financial Group
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289 days ago
Brent Oil Prices Decline Amid Inventory Reductions and Middle East Optimism
Brent crude oil prices have continued their downward trajectory, reaching 81.14 USD per barrel as of Wednesday. This marks the fifth consecutive session of decline, primarily influenced by significant reductions in US oil inventories.
RoboForex
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289 days ago
Dollar remains strong ahead of key data, yen surges
Dollar keeps marching north, PMIs on tap - Yen extends rally as traders unwind carry trades - Aussi and kiwi slide on China concerns, loonie awaits BoC - Stocks trade in the red, tech earnings in the spotlight
XM Group
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289 days ago
Eye On Today’s PMI Readings
As the forex market has been dull in recent sessions, the PMI readings from the U.S., U.K. and eurozone today may be a catalyst to stimulate the market.
PU Prime
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290 days ago
Daily Global Market Update
Bitcoin plunged 2.5%, overbought signal. Google dipped slightly, RSI negative. AUD/USD fell 0.3%, Stochastic bearish. Gold gained 0.5%, RSI warns of potential decline. Oil crashed 2%, yen strengthened, Ether ETFs launch. Economic highlights today: Japan PMI, US home sales, Eurogroup meeting, UK bond auction, Finland PPI, Japan services PMI.
Moneta Markets
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290 days ago
Dollar Up; Biden Bails US Election, Boosting Trump’s Chances
The Dollar Index, which gauges the value of the Greenback against a basket of 6 major currencies, extended its gains to close at 104.35, up from Friday’s 104.20.
ACY Securities
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290 days ago
ECB July Meeting Leaves September Decision "Wide Open"
The European Central Bank (ECB) concluded its July meeting with no changes to its policy rates, aligning with market expectations. The tone of both the prepared statement and the subsequent press conference was neutral, offering no clear signals about the direction of the September meeting. Emphasizing the significance of incoming data, the ECB's future actions remain contingent on the evolving ec
ACY Securities
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290 days ago
USD Outlook An Analysis
Recent developments in financial markets have significantly impacted the outlook for the USD. Various factors are contributing to the evolving sentiment, including expectations around the Federal Reserve's monetary policy and political uncertainties. This analysis will explore these factors and provide a comprehensive view of the USD outlook for the remainder of the year.
ACY Securities
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290 days ago
